Fuji Oozx Inc. said its normalized net income for the fiscal fourth quarter ended March 31 came to ¥74.04 per share, a decline of 59.3% from ¥181.72 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥152.1 million, a decrease of 59.3% from ¥373.4 million in the year-earlier period.
The normalized profit margin declined to 3.6% from 8.4% in the year-earlier period.
Total revenue declined on an annual basis to ¥4.28 billion from ¥4.46 billion, and total operating expenses increased 5.5% from the prior-year period to ¥4.20 billion from ¥3.98 billion.
Reported net income decreased 59.5% year over year to ¥162.0 million, or ¥78.85 per share, from ¥400.0 million, or ¥194.68 per share.
For the year, the company's normalized net income totaled ¥456.77 per share, a fall of 17.4% from ¥553.18 per share in the prior year.
Normalized net income was ¥938.5 million, a decrease of 17.4% from ¥1.14 billion in the prior year.
Full-year total revenue rose year over year to ¥16.90 billion from ¥16.30 billion, and total operating expenses grew 6.4% year over year to ¥15.89 billion from ¥14.94 billion.
The company said reported net income declined 32.3% year over year to ¥939.0 million, or ¥457.01 per share, in the full year, from ¥1.39 billion, or ¥675.03 per share.
As of June 24, US$1 was equivalent to ¥124.31.